Posts Tagged ‘World Bank’

“Blank check” from the World Bank to Ebadi and the recent clashes with al-Hakim’s demands

“Blank check” from the World Bank to Ebadi and the recent clashes with al-Hakim’s demands

Views: 2433 Published on: 21/02/2016, 11:47

BAGHDAD / Hassan Shammari:
Iraqi official high-level, Sunday, revealed the recommendation of the US President and Secretary General of the United Nations to the Director of the World Bank to grant Prime Minister Haider al-Abadi “blank check” to help Iraq to overcome the financial crisis, as pointed out that al-Abadi clashed with the forces of Iraqi prominent among them the Supreme Council Islamic headed by Ammar al-Hakim, who ask him to resign Read more…

Jubouri: The World Bank intends to give Iraq more loans to resolve the economic problem

Jubouri: The World Bank intends to give Iraq more loans to resolve the economic problem

Saturday, February 6, 2016 14:36

BAGHDAD / Baghdadi News / revealed … parliament speaker Salim al-Jubouri, Saturday, about the intention of the World Bank to grant Iraq more loans to resolve the economic problem. While noting that it was forming a committee to determine the fate of the money smuggled out of Iraq.
Jubouri said at a conference today, inside the parliament building Read more…

Saleh: the agreement with the IMF provides for Iraq to obtain long-term soft loans

Saleh: the agreement with the IMF provides for Iraq to obtain long-term soft loans

January 26, 2016

Economic Adviser to the Prime Minister, confirmed the appearance of Mohammed Saleh, said Tuesday that Iraq’s agreement with the International Monetary Fund offers the possibility of obtaining long-term soft loans for the implementation of development projects, noting that the fund is among other conditions, government expenditures, and modified some of the measures Read more…

Abadi discuss with the President of the World Bank to support Bank of Iraq and help to repair the banking system

Abadi discuss with the President of the World Bank to support Bank of Iraq and help to repair the banking system

2016/1/21 16:08

[Baghdad – where]
Search Prime Minister Haider al-Abadi with World Bank President Jim Yong Kim and his accompanying delegation in Davos Bszisra support Bank of Iraq, the expertise and assistance to repair the banking system.
And his office said in a statement received by all of Iraq [where] a copy of it, that “al-Abadi met with World Bank President and Read more…

Zebari, representative of the World Bank discuss procedures for loans provided to Iraq

Zebari, representative of the World Bank discuss procedures for loans provided to Iraq

2016/1/11 14:39

[Baghdad – where]
Finance Minister Hoshyar Zebari discussed on Monday with the World Bank representative in Iraq Abu Robert quality procedures for the loans provided by the Bank of Iraq.
A statement by the Ministry of Finance Agency has received all of Iraq [where] a copy of “Zebari met with World Bank representative in Iraq During the meeting, Read more…

Analysts: Saudi spending will lead to the depletion of Saudi financial inventories during 5 years

Analysts: Saudi spending will lead to the depletion of Saudi financial inventories during 5 years

2016/1/10 17:38

[Follow-where]
the World Bank recommended that Saudi Arabia used the huge foreign exchange reserves to defend the real, amid global fears of a slide into a new phase of the global currency war.
The British newspaper The Telegraph, “The volatile linkage to currency Kingdom dollar exposure standard pressure this week as oil prices fell to their lowest levels in 12 years, reaching $ 32 a barrel.”
Analysts fear that the reduction of the Saudi currency’s value can set Read more…

The World Bank is expected to increase the growth rate in Iraq to 3.1% in 2016

The World Bank is expected to increase the growth rate in Iraq to 3.1% in 2016

2016/1/7 10:04

[Follow-up – where]
the World Bank predicted, Iraq to see a higher rate of growth to 3.1% during the current year 2016 as a result of the recovery of oil and non-oil sectors.
As the World Bank predicted high growth rate in the Middle East Read more…

Finance: Iraq’s non-binding conditions of the International Monetary Fund for lending

Parliamentary Finance: Iraq’s non-binding conditions of the International Monetary Fund for lending

December 28, 2015

Ruled out the parliamentary finance committee member Husam punitive, Monday, removal of subsidies on the ration card and oil derivatives as the condition of the International Monetary Fund to lend the Iraqi government, while stressing the continuation of Read more…

Member of Finance: World Bank loan will benefit Iraq if properly exploited

Member of Finance: World Bank loan will benefit Iraq if properly exploited

12/26/2015 09:20 GMT

Baghdad and babysit – between a member of the parliamentary finance committee Hossam punitive, that the loan obtained by Iraq from the World Bank will come to benefit the upcoming 2016 budget.
Punitive in a statement to the news agency public opinion (and babysit), on Saturday, said that “the loan obtained by Iraq from the World Bank, worth Read more…

Abadi adviser: World Bank loan conditional on the imposition of the electricity tariff and customs

Abadi adviser: World Bank loan conditional on the imposition of the electricity tariff and customs

12/25/2015 07:28 GMT

Follow-up – and babysit – economic affairs adviser in the prime minister, he explained that the World Bank loan for Iraq conditional on economic reforms by the government to prove its good intentions, including “the imposition of the tariff Alcomerakih, and the electricity tariff.”
Said Abdul Hussain Al-Anbuge, said the World Bank conditions “are Read more…

Parliamentary Finance calling on the government to announce the terms of foreign loans

Parliamentary Finance calling on the government to announce the terms of foreign loans

12/22/2015 13:28 GMT

Follow-up – and babysit – the parliamentary finance committee called on the government to declare whether there are conditions in international loans to Iraq, including the removal of subsidies on some services and energy.
And the Rapporteur of the Committee Ahmed al-Haj that “any country if they were in a financial bind or always have an economic problem that resort to the International Monetary Fund and the latter when given any loans or economic reforms has to be Read more…

A source reveals that borrowed from banks including Iraq (details)

A source reveals that borrowed from banks including Iraq (details)

21-12-2015 05:30 PM

Said a senior source in the Ministry of Finance, on Monday, for receipt of Iraq’s 16 loan from international banks to meet the current year’s budget deficit 2015.

The source said in a press statement, that Read more…

World Bank imposed on Iraq to stop the appointments for a period of (3) years and the latter agrees

World Bank imposed on Iraq to stop the appointments for a period of (3) years and the latter agrees (details)

20-12-2015 04:00 PM

A source in the Iraqi Ministry of Finance, said on Sunday that the World Bank for the Iraqi government, which was launched two days before the loan protocol, the text of the activation of the electricity tariff and to stop the appointments in the state for a period of 3 years.

It includes protocol measures imposed by the World Bank on Read more…

The World Bank will lend Iraq $ 1.2 billion

The World Bank will lend Iraq $ 1.2 billion

12/18/2015 07:59 GMT

BAGHDAD – and babysit – announced the World Bank, agreed to give Iraq a loan of one billion and 200 million dollars to help it adjust the financial sector and improve the energy situation, and to compensate the decline in oil prices and rising security costs.
The bank said in a statement, that “it pays tribute to the initiation of the Iraqi government in the implementation of a strict economic Read more…

Fears of a deterioration in the cash reserve in Iraq

Fears of a deterioration in the cash reserve in Iraq

The writings of Monday, December 07 the first 0.2015

Experts warned of the continuing deterioration of Iraq’s reserves of foreign currency in the light of the economic and security crises plaguing the country, and demanded an urgent plans to save the reserves run out.
And Iraq has reserves of more than 60% during the past two years, as it dropped from $ 88 billion in November 2013 to $ 35 billion currently, according to the Iraqi Central Bank statistics.
In this context, Read more…

Vice: The government will resort to external borrowing to fill budget deficit

Vice: The government will resort to external borrowing to fill budget deficit

2015/11/26 11:00

[Baghdad – where]
MP for the National Alliance Haider molar, said the government would resort to external borrowing in order to bridge the deficit in the 2016 budget next year.
He said the Lord in a statement received by the agency all of Iraq [where], a copy of it that “the government will rely on borrowing from the World Bank and the Japanese Agency and other banks, which will help Iraq in the allocation Read more…

Governor of the Central Bank: Fallacies about monetary policy from Mordan and stakeholders

Governor of the Central Bank: Fallacies about monetary policy from Mordan and stakeholders

11/20/2015 07:38

BAGHDAD / Obelisk: The governor of the Iraqi Central Bank, on the Keywords, do some of the non-professionals, has launched remarks on monetary policy and the work of the Central Bank of Iraq, has been characterized by the majority of those statements fallacies and pessimism and Althbit, either because of the absence of an accurate understanding, intent is the objective, which stems from Read more…

IMF and World Bank impose on Iraq International devaluation of its currency against the dollar

Sheikh Ali: IMF and World Bank impose on Iraq International devaluation of its currency against the dollar

Baghdad-Iraq-Presse -17 November: 2015

The MP said the Civil Alliance high-Sheikh Ali, on Tuesday, that incredible views of Ministers on attracting investment to Iraq after 12 years of failure in this area, noting that there were secrets in the negotiations between the government and the IMF and the World Bank, the most important reduction in the value of the Iraqi dinar to Read more…

Parliamentary Finance denies that Iraq sought external borrowing

Parliamentary Finance denies that Iraq sought external borrowing

10/13/2015 07:45 GMT

Follow-up – and babysit – the parliamentary finance committee on Tuesday denied what some of the media about the World Bank refused to lend to Iraq six billion dollars to bridge the budget deficit.
Committee member Masood Haider In a press statement, said “Iraq tried in this matter by foreign bonds through some international banks, noting that Iraq’s request about Read more…

Iraq looking with America fill budget deficit

Iraq looking with America fill budget deficit

10/11/2015

BAGHDAD / JD / .. announced the Ministry of Finance for the talks with the Americans on bridging the budget deficit, while suggesting Iraq’s claim to provide international loans.
Finance Minister Hoshyar Zebari said in a statement received / JD / copy of it: he had discussed with Lisa Kubiski Deputy Assistant Secretary US Secretary for Financial Read more…